I’m hearing lately that the oil companies are saying that the shale oil reserves in this country cover something like three states and estimate that the recoverable oil is more than 3 times that of the entire Middle East. It also seems the oil companies have pretty much got the recovery process worked out.
Today was the first I had heard anything about oil bearing shale in a very long time. My Dad mentioned it today while discussing a completely different subject. He’s an engineer for a company that designs downhole tools for the oil industry. Apparently the oil companies have worked out how to extract the oil from the shale while it’s all still in the ground. I know a method that has been used for quite a while is to set off charges down in the formations that fractures the formation and allows the oil to separate from the substrate thus allowing it to be pumped out. But from what I gather this requires a different approach. Bottom line is, there isn’t any danger of running out of oil in the near future. Simply a danger of choosing not to get it out of the ground.
I’m guessing that this country will have been reduced to a third world status by the time the Democrats and the Greenies have run out of obstacles to prevent us from getting it out of the ground.
Today was the first I had heard anything about oil bearing shale in a very long time. My Dad mentioned it today while discussing a completely different subject. He’s an engineer for a company that designs downhole tools for the oil industry. Apparently the oil companies have worked out how to extract the oil from the shale while it’s all still in the ground. I know a method that has been used for quite a while is to set off charges down in the formations that fractures the formation and allows the oil to separate from the substrate thus allowing it to be pumped out. But from what I gather this requires a different approach. Bottom line is, there isn’t any danger of running out of oil in the near future. Simply a danger of choosing not to get it out of the ground.
I’m guessing that this country will have been reduced to a third world status by the time the Democrats and the Greenies have run out of obstacles to prevent us from getting it out of the ground.